Which of These Are Not Alternative Names for the Same

question 15

Multiple Choice

Which of these are not alternative names for the same thing?

• A)Gross profit; profit.
• B)Cost of sales; cost of goods sold.
• C)Statement of comprehensive income; profit and loss statement: statement of financial performance.
• D)None of the above, i.e., all are alternative names for the same thing.

---

Definitions:

20th Century

A historical period spanning from January 1, 1901, to December 31, 2000, known for significant technological, political, and social changes.

Enacted

A term referring to laws that have been officially made by a legislative body and have become effective.

Statute of Frauds

A legal principle that requires certain types of contracts to be executed in writing and signed by the party to be charged, in order to be enforceable.

Enforceable

That which can be compelled or executed in accordance with legal statutes or regulations.